Bajaj Allianz Life Insurance Company Limited
New Family GainBajaj Allianz Life Insurance Company Limited is an insurance joint venture between Allianz SE; a life insurer and Bajaj Auto, India's leading two and three-wheeler manufacturer.
The company offers unit-linked, pension, traditional and term plans as well as specialized policies for women and children.
The company has its registered office in Pune. According to the company's annual report 2007-08, the company tops in collection of new business premium as well as the policies sold. It wrote a new business of Rs. 66,745 million as against Rs. 43,027 million in 2006. The insurer has a market share of 7 per cent as against 5.7 per cent in 2006.